@article{(Open Science Index):https://publications.waset.org/pdf/12789,
	  title     = {Impact of the Amendments of Malaysian Code of Corporate Governance (2007) on Governance of GLCs and Performance},
	  author    = {Azmi Hamid and  Rozainun Aziz},
	  country	= {},
	  institution	= {},
	  abstract     = {The study aims to investigate the impact on board and
audit committee characteristics and firm performance before and
after the revision of MCCG (2007) on GLCs over the period 2005-2010. We used Return on Assets (ROA) as a proxy for firm performance. The data consists of two groups; data collected before
and after the amendments of MCCG (2007). Findings show that
boards of directors with accounting / finance qualifications (BEXP)
are statistically significant with performance for period before the amendments. As for audit committee members with accounting or
finance qualifications (ACEXP), correlation results indicate a
negative association and non-significant results for the years before
amendments. However, the years after the amendments show
positive relationship with highly significant correlations (1%) to ROA. This indicates that the amendments of MCCG 2007 on the
audit committee members- literacy in accounting have impacted the governance structures and performance of GLCs.},
	    journal   = {International Journal of Economics and Management Engineering},
	  volume    = {6},
	  number    = {11},
	  year      = {2012},
	  pages     = {3181 - 3186},
	  ee        = {https://publications.waset.org/pdf/12789},
	  url   	= {https://publications.waset.org/vol/71},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 71, 2012},
	}